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Det Norske hit by Revenue Drop
4/30/2016 8:52:36 AM
Det Norske Oljeselskap ASA slumped to an operating loss in the first quarter on significantly lower revenue. The company reported a revenues of $ 205 (Q1 2015: USD 329) million in the first quarter. Production in the same period was 60,600 barrels...

Norovirus Outbreak on Fred. Olsen Cruise Ship
4/29/2016 3:01:11 PM
An outbreak of the norovirus stomach bug has sickened 160 people aboard a Fred. Olsen Cruise Lines ship docked at Norfolk, Virginia, U.S. health officials and the company said on Friday.
 
The norovirus outbreak took place aboard the Britain-based...

Crowley’s Roberts Outlines Support for Puerto Rico, Jones Act
4/29/2016 11:47:44 AM
As U.S. lawmakers address means to stabilize Puerto Rico’s economy, Crowley Maritime Corporation’s senior vice president and general counsel, Michael Roberts, was called upon to offer recommendations for supporting the island’s economy and strengthening...

Singapore Revokes Two Bunker Licenses
4/29/2016 3:55:03 AM
 Singapore's Maritime and Port Authority (MPA) have revoked two bunker suppliers' license to operate in the world's top bunker port. 
 
The two companies have, according to the authority, violated the terms and conditions for bunker activities...

UK Navy Warship Escorts Queen Mary II
4/28/2016 3:00:39 PM
U.K. Royal Navy warship HMS Defender provided escort duties for transatlantic ocean liner RMS Queen Mary II through the Gulf of Oman.

The Type 45 destroyer, dwarfed by the enormity of the cruise liner, is equipped with an array of weaponry...

Langh Tech Scrubbers for Norwegian Cruise Line Newbuilds
4/28/2016 9:09:29 AM
Finnish manufacturer and supplier of scrubber solutions Langh Tech will deliver scrubber systems to two new cruise vessels on order at Meyer Werft in Papenburg for (NCL).
 
The two newbuildings of NCL’s Breakaway Plus class will be equipped...

Fitch: M&A, Not Alliances to Help Revive Container Shipping
4/28/2016 8:11:27 AM
The following statement was released by the rating agency:

Mergers and acquisitions, rather than the historically more popular alliances, are inevitable to address chronic overcapacity and drive further cost savings in container shipping,...


Symphony Sun’ Launched in Leer
4/30/2016 9:05:57 AM
On Friday the 29th of April, Nb. 420 was launched in Leer. She was christened ‘Symphony Sun’ and is the fourth vessel in a series of 6 that will be delivered to Symphony Shipping.

Symphony Sun is a vessel of our ‘Ecobox’ design, which is characterized by its flexibility of loading combined with very economical and ecological performance... Go to Article


ST Engineering Injects $66m into VT Systems
4/28/2016 7:40:07 AM

37 Piracy Incidents in Q1, Says IMB
4/28/2016 2:43:51 AM

New Tank Barge Delivered to Harley Marine
4/27/2016 4:04:01 PM

Violent Attacks Worsen in Seas Off West Africa - IMB
4/27/2016 7:17:17 AM

US Battles Russia for European LNG Market
4/27/2016 2:11:29 AM

Hyundai Heavy Industries Back in Black
4/26/2016 5:08:43 PM

El Faro’s Voyage Data Recorder Located
4/26/2016 3:39:45 PM

France sinks Japanese, German Sub Bids
4/26/2016 7:42:18 AM

KVH Dominates Global Maritime VSAT Market
4/26/2016 5:51:33 AM

DP World Wins Limassol Port Contract
4/26/2016 5:45:38 AM

IRClass Enhances Services to Indian Navy
4/26/2016 5:27:06 AM

Blacklisted Oil Tanker Returning to Libya
4/28/2016 3:48:22 PM



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